AUS
NZ
UK
CA
USA
IND
Highlights
- High-grade intercepts reported at Apollo Hill project
- Second Mineral Resource update scheduled for H2 2025
- Drilling supports potential low-cost bulk mining strategy
Saturn Metals (ASX:STN) has released an encouraging set of assay results from its recent reverse circulation (RC) and diamond drilling efforts at the Apollo Hill Gold Project. The intercepts, noted for both their grade and thickness, continue to highlight the strength and scale of the company’s 2.03 million-ounce Mineral Resource. This marks another step forward in the project's potential development into a large-scale, low-cost gold operation.
Outstanding Intercepts Strengthen Project Outlook
Among the notable assay results are intersections such as 16 metres at 6.35 grams per tonne (g/t) of gold from 56 metres depth, and 6 metres at 13.53 g/t of gold directly from surface. These outcomes signal the presence of substantial gold mineralisation at relatively shallow depths, providing further backing to Saturn Metals’ strategic focus on bulk mining and heap leach processing.
The strong assay results follow an already upgraded resource base and bolster the company’s plan to continue expanding the Apollo Hill system. The drilling campaign remains active, with 57 out of 266 planned holes—covering approximately 7,300 metres—still awaiting results.
Paving the Way for Growth in 2025
These newly reported intercepts will be integral to a second Mineral Resource update planned for early in the second half of 2025. The update will support both a Pre-Feasibility Study and a maiden Ore Reserve estimate, both of which are also scheduled for delivery before the end of the year.
Apollo Hill’s potential aligns well with the broader momentum seen within the ASX200, especially as gold prices remain elevated. The project continues to stand out due to its scalability, shallow mineralisation zones, and the potential for cost-effective development.
Committed to Exploration and Expansion
Saturn Metals' leadership remains focused on advancing the Apollo Hill project through ongoing exploration and technical de-risking. The continued discovery of high-grade zones and extensional mineralisation enhances the project's development narrative, with each round of results feeding directly into future resource growth and project milestones.
As results from the remaining holes are announced, further clarity around Apollo Hill’s long-term potential is expected, reinforcing Saturn Metals’ strategic role within Australia’s evolving gold sector landscape.
